Kakao founder Kim Beom-su said he will review the entirety of the platform giant's services and businesses, including management personnel, from the ground up, ahead of an emergency management meeting held earlier Monday. "(We will) aim to become a company that meets the public's standards by reassessing all of (Kakao's) services and businesses," Kim told reporters at Kakao Mobility's he.
South Korean tech giant Kakao
faces growing regulatory heat after the country s president
urged a review into its taxi app amid complaints about
monopolistic practices, which comes on the heels of a.
Kakao, the operator of Korea s top mobile messenger, said Friday it will establish an independent organization to strengthen its ethics management system amid public criticism over stock manipulation allegations involving its executives.
The Yoon Suk Yeol administration appears to be taking all possible measures to drive Kakao into a corner, raising questions about the intention behind the full-scale attack, according to industry officials, Thursday.